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Zacks Upgrades and Revisions Strategy Highlights: EMCOR Group, Walt Disney, CA, Church & Dwight Co.


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© Business Wire 2008
2008-04-28 23:41:13 -

- Earnings estimate revisions are the most powerful force impacting stock prices. Couple that with the proven benefits of upgrades in ratings from brokerage firms and you have a strategy that delivered a +23.3 return in 2006. Four stocks meeting this screen's exclusive criteria are EMCOR Group Inc. (NYSE:EME), Walt Disney Co. (NYSE:DIS), CA, Inc. (NYSE:CA), Church & Dwight Co.

Inc. (NYSE:CHD),. View the entire list of stocks for the Upgrades and Revisions Profit Track at at.zacks.com/?id=1844.

Here are details on four companies currently identified by the Upgrades and Revisions Profit Track:

EMCOR Group Inc. (NYSE:EME) reported first-quarter results on April 24. Year-over-year net profits improved to $29.3 million from $12 million. EME satisfies this screen's parameters with a Zacks #2 Rank and a historical EPS growth rate of 34.72% over the past five years. EME reaffirmed its fiscal 2008 guidance and expects to generate revenues in the range of $6.3 billion to $6.5 billion. EMCOR Group Inc. is a global leader in mechanical and electrical construction, energy infrastructure, and end-to-end facilities services.

Walt Disney Co. (NYSE:DIS) qualifies for this profit track with historical EPS growth of 29.12% over the past five years and a recent EPS surprise of 21.15%. The screen calls for five-year historical EPS growth greater than 17% and an EPS surprise of greater than 10% in its most recent quarter. Disney's fourth quarter EPS amounted to 44 cents, compared to 36 cents a year earlier, while EPS for the fiscal 2007 was $2.25, compared to $1.64. In early April, Disney's Interactive studios announced that it has agreed to buy Gamestar, a Chinese game developer.

CA, Inc. (NYSE:CA) is a worldwide provider of IT management software. CA had a good 2007 fiscal year, reporting year-over-year profits that increased to $163 million from $50 million. Meanwhile, fourth-quarter revenues increased 9.8% from last year. Moreover, this Zacks #2 Rank delivered an EPS surprise of 44% in its most recent quarter and has five-year historical EPS growth of 26.21%. CA recently announced that, effective April 28, it will move its stock exchange listing to the Nasdaq Global Select Market from the New York Stock Exchange.

Church & Dwight Co. Inc. (NYSE:CHD) is the leading U.S. producer of sodium bicarbonate, popularly known as baking soda. This Zacks #2 Rank company earned its place on this profit track with five-year historical EPS growth of 17.75% and an EPS surprise of 15.22%. In fiscal 2007, CHD reported strong financials, including fourth quarter revenues that increased to $579.7 million year-over-year from $526.1 million. Meanwhile, revenues for the year advanced to $2.2 billion from $1.9 billion. In early April, CHD announced that it will acquire the Del Pharmaceuticals, Inc. business for $380 million in cash from Coty Inc.

Discover all the current stocks currently on the Upgrades and Revisions Profit Track at: at.zacks.com/?id=1869.

About Profit Tracks

What is a "Profit Track"? Each Profit Track is a successful stock picking strategy with proven results through the Bear Market of 2001-2002 and the Bull run started in 2003. On Zacks.com we have created these nine unique screens to offer investors great strategies to potentially outperform the market in the years ahead. In 2006, the Low Price Stocks strategy was the top performing Profit Track with a return of +56.5% followed by the Discounted Fundamental screen with a +34% return. To see all nine strategies along with philosophy, past performance and current stocks, go to at.zacks.com/?id=1838.

All the Profit Track strategies were created and backtested using the Research Wizard software from Zacks Investment Research. If you like this screening strategy, but want to narrow down the list of stocks and even improve the performance, then you should start a free trial to this powerful stock picking tool. Learn more about the Research Wizard free trial offer and our new special report "Top 10 Stock Screening Strategies" at at.zacks.com/?id=2156.

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at at.zacks.com/?id=1841.

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

Visit www.zacks.com/performance for information about the performance numbers displayed in this press release.

Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.

Zacks.com
Alla Kushner
312-265-9208
Email: pr@zacks.com
Visit: www.Zacks.com




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